Parents and carers need to be aware that if either of the couple have ‘adjusted net income’ in excess of

Draft legislation released for consultation on 18 July indicates that business and individual taxpayers will be required to provide more

There are rumors circulating in the press of the possible abolition of inheritance tax

HMRC interest rates are linked to the Bank of England base rate. Late payment interest is

Tax-Free Childcare accounts can be used to pay for approved childcare for children aged

Employers may meet the cost of certain social events for staff without creating a tax liability

When a limited company intends to make a claim for research and development (R&D) tax relief, from 8 August 2023 onwards it

HMRC frequently warn taxpayers that when a tax avoidance scheme looks “too good to be true”, it probably is. They publish

During the COVID pandemic the government relaxed the conditions to enable those working from home to be paid £6 a week tax free by their

The VAT Flat Rate scheme was introduced in 2002 to simplify VAT reporting for small traders, reducing the time taken to

Following the Corporation Tax rate increase on April 1, the rate of tax a company pays will depend on its level of

In the Spring Budget the Chancellor announced that “full expensing” - 100% relief for new, eligible plant and machinery - would

With all of the changes to personal pensions in the Spring Budget, maximising the State Pension entitlement should not be overlooked. The full rate of new State Pension increased to

Since MTD was announced, we have been working with many of our clients to help them streamline the way they keep their books and help them

These are the suggested reimbursement rates for employees' private mileage using their company car.

Where the employer provides an employee with a company car there may be an additional benefit in kind on

The deadline for reporting shares and securities and share options issued to employees during 2022/23 is 6 July 2023

HMRC have announced that the official rate of interest will increase from 2% to